Diploma in Entrepreneurship Graduates Sign Franchise Agreement

FranchiseTwo graduates of the Diploma in Entrepreneurship offered by MDi Pakistan in partnership with IFC Business Edge® have recently entered into a franchise agreement related to transportation services. The franchise agreement was signed on 17 July 2014 by Khalid Baig (the franchisor) and Bilal Ahmed (the franchisee) in the presence of Mr. Javed Iqbal, Operations Officer, IFC and Mr. Asad Zaidi, CEO, MDi Pakistan…

Khalid Baig, a graduate of the first batch of the Diploma in Entrepreneurship, is the owner and operator of a successful transportation services company called Baig Transport. Baig Transport arranges pick and drop services for students at various schools in the Islamabad and Rawalpindi area and has recently also entered the corporate market to arrange transport and travel by car for company executives.

Bilal Ahmed is a graduate of the third batch of the Diploma in Entrepreneurship whose family operate a manufacturing facility in Hattar and who was interested in starting a second business in Haripur district. MDi Pakistan arranged for the two parties to meet as one party wanted to expand the business and the other was looking for a proven business model to work with.

Franchise Agreement

MDi Pakistan’s facilitation and mentoring included not just the initial introduction but also the drafting of a franchise package and helping the two sides to reach a common understanding on the terms of the franchise agreement. This is a classic case of the kind of real-life networking, mentoring and facilitation that the MDi Pakistan and IFC Business Edge collaboration imparts in addition to the capacity building element within the Diploma in Entrepreneurship training.

The franchisee, Bilal Ahmed, will now operate Baig Transport Services initially in the following locations: Hattar, Haripur City and Abbottabad. All these locations have tremendous potential for transport and commuter services including schools, colleges, universities, offices and factories.

It is expected that in the near future, Baig Transport will be offering its franchise in Jhelum, Kharian, Gujranwala, Peshawar and other locations with similar demand for private transport services.

For more information:

Contact Asad Zaidi at MDi Pakistan – Email info@mdi.com.pk or Javed Iqbal at IFC Business Edge® – Email jiqbal@ifc.org

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